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$250,000
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Property Description
An exceptional and rare development opportunity awaits on one of Gage Park's most highly visible and heavily trafficked corridors! This strategically positioned commercial/residential zoned property along South Western Avenue is being sold together with 4926 and 4928 S. Western Avenue - combining for an impressive 75 feet of prime frontage along Western Avenue, offering tremendous scale and development potential in one of Chicago's most active and growing neighborhoods. Some infrastructure improvements are already in place, giving your project a valuable head start, and the owner has blueprints ready to submit for city approval - saving you valuable time and moving your vision closer to reality from day one. Whether you're envisioning a mixed-use development, residential building, retail, or a combination of uses, the commercial/residential zoning opens the door to a wide range of exciting possibilities. The location could not be more advantageous - highly visible along bustling South Western Avenue with strong daily traffic counts, and conveniently situated near the Orange Line CTA station for excellent public transit access and connectivity throughout the city. With significant frontage, flexible zoning, existing infrastructure improvements, and ready-to-submit blueprints, this reasonably priced assemblage represents an outstanding opportunity for developers, investors, and builders looking to make their mark in Gage Park, Chicago. 4936 S. Western Avenue also being sold, seperately.
Full Property Details
Full Property Details for 4930 S Western Ave
General
- Price: $250,000
- Taxes: $2,739 (2024)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12668102
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train
Location
- Area: CHI - Gage Park
- County: Cook
- Township: Lake
- Driving Directions: South along Western Ave. to address
- Location Details: Mixed-Use Area, In City Limits, High Traffic Area
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Nightingale Elementary School
- Middle School: Nightingale Elementary School
- High School: Kelly High School
- Private School: Kelly High School
Utilities
- Onsite: None
Structural Information
- Square Feet: 0.21
- Current Bldg. Use: Commercial, Multi-Family
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,150
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 75 x 122 x 75 x 122
- Frontage: City Street
- Frontage Feet: 75
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $2,739.21
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 19122160260000
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Schools
Schools serving 4930 S Western Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Nightingale Elementary School 5250 South Rockwell Street, Chicago, IL 60632 | K-8 | 0.5 mi |
Thomas Kelly College Preparatory 4136 South California Avenue, Chicago, IL 60632 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 4930 S Western Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$542
—
$4,538
77%
2023
$542
2%
$2,571
—
2022
$529
2%
$2,571
—
2021
$517
-10%
$2,571
—
2020
$573
11%
$2,571
—
2019
$517
2%
$2,571
—
2018
$508
4%
$2,571
13%
2017
$488
7%
$2,268
—
2016
$454
9%
$2,268
—
2015
$416
6%
$2,268
7%
2014
$393
2%
$2,117
—
2013
$385
1%
$2,117
—
2012
$380
—
$2,117
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4930 S Western Ave
4930 S Western Avenue, Chicago, IL 60609 (MLS# 12668102) is a Lots/Land property with a lot size of 0.21 acres. 4930 S Western Avenue is currently listed for $250,000 and was received on June 05, 2026. Want to learn more about 4930 S Western Avenue? Do you have questions about finding other Lots/Land real estate for sale in Gage Park? You can browse all Gage Park real estate or contact a Coldwell Banker agent to request more information.

